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Vendor: CIPS

Exam Code: L4M3 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
During an engagement to review the financial statements of a nonissuer an accountant becomes aware of
a material departure from GAAP. If the accountant decides to modify the standard review report because
management will not revise the financial statements, the accountant should:
A. Express negative assurance on the accounting principles that do not conform with GAAP.
B. Express positive assurance on the accounting principles that conform with GAAP.
C. Issue an adverse or an "except for" qualified opinion, depending on materiality.
D. Disclose the departure from GAAP in a separate paragraph of the report.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. If the accountant concludes that modification of the standard report is appropriate,
the departure should be disclosed in a separate paragraph of the report.
Choice "A" is incorrect. An accountant would not express negative assurance on the accounting principles
that do not conform with GAAP in a review engagement.
Choice "C" is incorrect. An accountant would not issue an opinion in a review engagement.
Choice "D" is incorrect. An accountant would not express positive assurance (i.e., an opinion) on the
accounting principles that conform with GAAP in a review engagement.

NEW QUESTION: 2
Which two NSX Data Security roles could be used to create security policies? (Choose two)
A. Enterprise Administrator
B. Security Administrator
C. Auditor
D. NSX Administrator
Answer: A,B
Explanation:
https://pubs.vmware.com/NSX-6/index.jsp#com.vmware.nsx.admin.doc/GUID-66DA0370-C241-40BD-A987-98597564EEDF.html

NEW QUESTION: 3
The following descriptions about MAX PRESENCE are correct: (Multiple Choice)
A. The highest-end large video conferencing system
B. New-generation decision-making command center
C. Convergence of video conference, surveillance, data and eLTE cluster endpoint
D. Multi-purpose screen for emmergency and meetings
Answer: A,B,C,D

NEW QUESTION: 4
When implementing H-VPLS with QinQ access on Cisco Metro Ethernet switches, which two commands enable the QinQ tagging? (Choose two.)
A. encapsulation dot1q {customer-vlan} second-tag {sp-vlan}
B. switchport mode trunk
C. switchport access vlan {sp-vlan}
D. switchport mode dot1q-tunnel
E. encapsulation dot1q {sp-vlan} second-tag {customer-vlan}
F. switchport access vlan {customer-vlan}
Answer: C,D


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